Sign in

Please complete all fields in the form to login.
Username and password fields are case sensitive

If you have forgotten your username or password please use
the forgotten your username/password link below.

Remember me, by ticking the box you
are confirming you are happy for your details to be remembered
and used the next time you use this computer to visit
eFinancialNews.com. By doing this, you'll be able to access
restricted content without logging in each time you
visit the site.

Evonik weighs $3.5bn deal for Air Products unit

Air Products & Chemicals, which counts William Ackman among its investors, is believed to be in advanced talks to sell its performance materials unit to Germany’s Evonik Industries, in a deal that could be valued at more than $3.5bn.

About six months ago, the $30bn US chemicals company had said that it aims to split into two publicly traded companies, materials technologies - which houses performance-materials -, and industrial gases.